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Michael Burry Warns of 1987-Style Market Crash
Investor Michael Burry, known for predicting the 2008 financial crisis, is warning of a potential stock market crash similar to 1987. He has reportedly taken short positions on Nvidia, suggesting a belief that the current market rally is unsustainable.
4 Aug, 20:43 — 5 Aug, 11:37
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cnbcMostly Factual3d ago
Michael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'
"I continue to believe it is possible we are near a major top, and possible a 1987-type fall," Burry said in a Tuesday Substack post.
Read full article →marketwatchMostly Factual3d ago
The S&P 500 just hit a new high. ‘Big Short’ investor Michael Burry thinks it could bring a 1987-style fall.
The famed investor says watch out after that S&P 500 surge on Tuesday. He’s not budging from some bearish tech views.
By Barbara Kollmeyer
Read full article →YahooMostly Factual3d ago
Michael Burry warns of 1987-style crash, holds Nvidia shorts
Read full article →Coverage Timeline
First report: cnbc · 4 Aug, 20:43|Full coverage: 4 · 15h|Window: 15h
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